Principles of Macroeconomics Notes 1-12

Notes covering chapters 1-14 of Principles of Macroeconomics covering the topics of CHAPTER 1: The Economic Perspective on Scarcity: Limits, Alternatives & Choices CHAPTER 2: The Market System and the Circular Flow CHAPTER 3: Demand, Supply and Market Equilibrium CHAPTER 4: Market Failures: Public Goods and Externalities CHAPTER 5: Government’s Role and Government Failures CHAPTER 6: Intro to Macroeconomics CHAPTER 7 : Measuring Domestic Output and National Income CHAPTER 8 : Introduction to Economic Growth CHAPTER 9 : Business Cycles, Unemployment and Inflation CHAPTER 10 : Macroeconomic Relationships: Consumption & CHAPTER 11 : The Aggregate Expenditures Model CHAPTER 12 : Aggregate Demand and Aggregate Supply: DemandPull Inflation, Recessions & Cost-Push Inflation